of firm dynamics emphasizing the interaction between learning about demand and quality choice to explain the observed …

Recent literature finds evidence that prices decrease during demand peaks. This paper argues that the price decrease is … an artefact of ignoring product differentiation. We develop a simple individual demand model which shows that at periods … of exogenous high demand, consumers migrate towards cheaper lower quality products, pushing the average category price …

Worldwide, India has the highest number of people defecating in the open. In an attempt to reduce number of open … defecation, a supply side initiative is underway. In 2014-2015, Government of India, constructed 8 million toilets. However, an … important aspect for this supply-side initiative to become successful is to create demand for toilets. In this paper we look at …

framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …

framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …

While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … are examined. Price inelastic demand is more likely the result of low pricing strategies of non-profit arts managements …, even within the performing arts. Arts demand cannot adequately be estimated without also considering “life-style” variables …